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Sch 1 Update - Conviviality Retail Plc

Released 10:21 24-Jul-2013
Number 0355K10

RNS Number : 0355K
AIM
24 July 2013
 



 

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")


COMPANY NAME:

Conviviality Retail Plc

 

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

Weston Road, Crewe, Cheshire, CW1 6BP

 

COUNTRY OF INCORPORATION:

England and Wales

 

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.convivialityretail.co.uk

 

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY).  IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

 

Conviviality Retail Plc operates the UK's largest franchised off-licence and convenience chain with over 600 franchisee owned stores. The Conviviality Group is a buying, marketing and logistics business offering a full support package to over 460 Franchisees. Conviviality's Franchisees currently operate under six fascias which include Bargain Booze and Bargain Booze Select Convenience.

 

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

66,700,000 Ordinary Shares of £0.0002 each

No restrictions as to transfer of the securities

 

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital raised: £64,038,720

Anticipated market capitalisation on Admission: £66,700,000

 

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

31.95%

 

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

N/A

 

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Roger Anthony Pedder - Non Executive Chairman

Diana Hunter - Chief Executive Officer

Peter Earl Hodgson - Chief Financial Officer

Keith Hamilton Webb - Franchisee Director

David Alexander Robertson Adams - Non Executive Director

 

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Before:

 

ECI Ventures Nominees Limited - 75.24%

Bargain Booze EBT Trustees Limited - 10.26%

Peter Hodgson - 7.13%

Tim Stanley - 5.00%

 

After:

 

Henderson Global Investors - Volantis - 16.87%

Artemis Investment Management - 11.09%

AXA Investment Managers - 6.00%

Miton Group - 5.70%

Schroder Investments - 5.61%

Jupiter Asset Management - 5.47%

Old Mutual Global Investors - 4.57%

Investec - 4.39%

Legal & General - 4.35%

Ruffer LLP - 4.05%

Hargreave Hale Limited - 3.90%

Henderson Global Investors - Income Fund - 3.52%

Unicorn Asset Management - 3.15%

 

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A

 

(i)         ANTICIPATED ACCOUNTING REFERENCE DATE

(ii)        DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii)       DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i)         30 April

(ii)        30 April 2013

(iii)       31 January 2014, 31 October 2014, 31 January 2015

 

EXPECTED ADMISSION DATE:

31 July 2013

 

NAME AND ADDRESS OF NOMINATED ADVISER:

Zeus Capital Ltd

3 Ralli Courts

West Riverside

Manchester

M3 5FT

 

NAME AND ADDRESS OF BROKER:

Joint Brokers:

Zeus Capital Ltd

23 Berkeley Square

London

W1J 6HE

 

Oriel Securities Ltd

150 Cheapside

London

EC2V 6ET

 

 

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

 

www.convivialityretail.co.uk

 

Zeus Capital Ltd

3 Ralli Courts

West Riverside

Manchester

M3 5FT

 

Conviviality Retail Plc

Weston Road

Crewe

Cheshire

CW1 6BP

 

DATE OF NOTIFICATION:

24 July 2013

 

NEW/ UPDATE:

UPDATE

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Sch 1 Update - Conviviality Retail Plc - RNS